Demand for luxury goods is slowing in China, and tough economic conditions aren't only to blame for this.
Imports of watches from China saw a 64 percent year-on-year increase, suggesting North Korea's leader is stepping up rewards ...
LVMH reported 3Q2024 ended down 3%, with Asia off 16% and Fashion & Leather Goods down 5%. LVMH called it a cyclical downturn ...
When people talk about luxury goods, they often mean high-end designer brands and stuff like watches or jewelry. But a new ...
European luxury shares have slid on investor concerns that Hermes handbags and Dior slingbacks may be Beijing's next targets ...
Faced with a depressed luxury goods market, the sector's global leader has published a fall in revenue for the first time ...
The fashion concern said its performance improved in both its retail and wholesale channels, with increased revenue across ...
But the main reason for the slowdown is that Chinese shoppers have pulled back. China has been a huge growth story for luxury ...
By Mimosa Spencer and Dominique Patton PARIS (Reuters) -French luxury giant LVMH reported a 3% fall in third-quarter sales on ...
Belarussian Alexander Zaitsev, nicknamed President Aleksandr Lukashenko’s “money bag,” appears to have shipped luxury goods ...
A group of women leaders in the country on Friday organised an auction of luxury goods whose proceeds will go towards ...